“The Red Mile” typically refers to a harness racing track, most famously in Lexington, Kentucky, known as Red Mile. Betting on horses at a racetrack like the Red Mile involves placing wagers on the outcome of the races, usually on which horse will win, place (finish second), or show (finish third).
As for betting on yourself, it is not common practice at traditional horse racing tracks to bet on oneself in the sense of being both the bettor and the participant (jockey or driver) in the race. Jockeys and drivers are employed by the horse owners and are not typically involved in the betting process. Moreover, there are strict rules and regulations governing who can place bets and how the races are conducted to maintain integrity and fairness.
However, if you are an owner of a horse competing in a race at the Red Mile or any other track, you could indirectly be betting on yourself by having a financial interest in the horse’s performance. Owners can win purse money based on their horse’s finishing position in a race, which could be seen as a form of betting on oneself, albeit through the horse rather than as a participant in the race.
For individuals who want to bet on races, they would typically do so through the track’s betting windows or via online platforms that offer pari-mutuel wagering. Betting on yourself in the traditional sense, as in placing a bet on your own actions, is not something that is facilitated in standard horse racing betting.
If you are looking to participate in the races as a driver or jockey, you would need to be licensed by the appropriate racing authority and would not be placing bets on your own races due to conflict of interest and regulatory restrictions.